Curves vs Retro Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Curves vs Retro Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$115,600 - $243,200 | $939,250 - $1,600,500 |
Franchise Fee |
$39,900 | $69,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
- | 2% |
Year Founded |
1992 | 2002 |
Year Franchised |
1995 | 2006 |
Term Of Agreement |
5 years | 10 years |
Term Of Agreement |
5 years | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Financially stable | Net worth requirement: $1M+
Cash liquidity requirement: $200K
Business Experience:
* General business experience |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
Training & Support |
Training |
At regional meetings (full day), convention (3 days), local events (1 day) |
On-The-Job Training: 50 hours
Classroom Training: 20 hours
|
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2
Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | * 25% of all franchisees own more than one unit
* Number of employees needed to run franchised unit: 10 - 20
* Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
Company Overviews
About Curves
At the age of 20, pre-med student Gary Heavin had taken over a failing fitness center in Houston, turning the business around and, within five years, opened six more centers. After 10 years and 17 centers, Heavin's business went under. Not wanting to give up, Heavin took lessons from the strengths and weaknesses of his first chain and decided to open a second. In 1992, Heavin opened Curves for Women, a women-only fitness center, in Harlingen, Texas. The company began franchising in 1995.
#32 on Franchise Rankings.com
About Retro Fitness
Eric Casaburi began Retro Fitness with a simple philosophy, "More fitness, Less money, by providing an exciting and inviting environment for exercising, fitting to any fitness enthusiast budget".
We are actively looking for qualified entrepreneurs with the motivation and determination to build a successful business.
A qualified Retro Fitness Franchise candidate appreciates and understands excellent customer service, enjoys interacting with the general public, has a general understanding of management/budgets, has significant financial resources, and is comfortable following established business parameters. Candidates fitting these criteria are invited to take the next step in finding out if a Retro Fitness Franchise is the business opportunity for you by completing our online application.
As a Retro Fitness Franchisee you will have the opportunity to reap the rewards that are produced through consistent application of our business practices that benefit our thousands of members everyday.
It's an awesome time for Retro Fitness, enjoying the benefits of keeping people healthy and fit while earning a living.
PRODUCTS AND SERVICES
A sample of some of the products and services you may offer as a Retro fitness Franchisee include:
* Full Service Fitness Center including: 50+ pieces of various Cardiovascular equipment. Various CircuitTraining/Strength Training equipment and Free Weights.
* RetroBlends Juice Bar
* Personal Training Services
* Tanning
* Retro Cardio Movie Theatre
Veteran Incentives 10% off franchise fee
#474 in Franchise 500 for 2020.